Techniques of inventory management include: Economic order quantity. Just in

 Techniques of inventory management include:

  • Economic order quantity.
  • Just in time inventories.
  • Optimum stocking level.
  • Periodic inventory.
  • Perpetual inventory.
  • Barcoding.
  • Point–of–sale systems.
  • Select three of the seven inventory techniques listed above and explore why a business would implement each one. Be sure to list specific reasons for each.
  • Be sure to respond to at least one of your classmates’ posts.

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